EKG vs. NEWZ ETF Comparison

Comparison of First Trust Nasdaq Lux Digital Health Solutions ETF (EKG) to StockSnips AI-Powered Sentiment US All Cap ETF (NEWZ)
EKG

First Trust Nasdaq Lux Digital Health Solutions ETF

EKG Description

First Trust Nasdaq Lux Digital Health Solutions ETF is an exchange traded fund launched and managed by First Trust Advisors LP. It invests in public equity markets of global region. It invests in stocks of companies operating across health care, health care equipment and services, health care technology sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Nasdaq Lux Health Tech Index, by using full replication technique. First Trust Nasdaq Lux Digital Health Solutions ETF was formed on March 22, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.29

Average Daily Volume

224

Number of Holdings *

37

* may have additional holdings in another (foreign) market
NEWZ

StockSnips AI-Powered Sentiment US All Cap ETF

NEWZ Description NEWZ navigates market complexities through a proprietary news media sentiment signal which combines AI and NLP technologies. This signal is generated from textual sources, such as news articles, blogs, and SEC filings, processed using advanced machine learning algorithms. These algorithms sift through vast amounts of data to assess investor sentiment and identify stocks with the most positive news coverage. The process begins by screening US-listed equity securities based on capitalization, volatility, ROE, news coverage volume, and inclusion in Zacks sector and industry classifications. Selections are made based on the sentiment signal, which also integrates a sentiment momentum signal indicating shifts in investor sentiment over time. After the screening, the portfolio typically comprises the top 30 to 50 stocks, all equally weighted. Throughout this process, the fund prioritizes reliability, gathering information from reputable news outlets such as Zacks, Motley Fool, and CNBC. The fund is rebalanced and reconstituted monthly.

Grade (RS Rating)

Last Trade

$29.44

Average Daily Volume

6,139

Number of Holdings *

30

* may have additional holdings in another (foreign) market
Performance
Period EKG NEWZ
30 Days 2.60% 3.35%
60 Days 0.57% 6.06%
90 Days 3.83% 6.72%
12 Months 24.06%
2 Overlapping Holdings
Symbol Grade Weight in EKG Weight in NEWZ Overlap
ISRG A 8.6% 3.36% 3.36%
RMD C 7.44% 3.14% 3.14%
EKG Overweight 35 Positions Relative to NEWZ
Symbol Grade Weight
DXCM C 8.48%
VEEV C 8.35%
IQV F 6.35%
PODD C 5.07%
NTRA A 5.03%
GMED A 4.28%
ILMN C 4.26%
HOLX D 3.76%
ALGN D 3.68%
QGEN D 3.63%
EXAS D 3.25%
DOCS C 3.04%
MASI B 2.96%
INSP D 2.38%
HIMS C 1.96%
PRCT B 1.79%
GH B 1.75%
OSCR D 1.33%
TMDX F 1.21%
VCYT B 1.2%
PRVA C 0.97%
IRTC C 0.91%
NEO C 0.83%
TNDM D 0.76%
TWST F 0.76%
TDOC C 0.72%
MYGN F 0.61%
TXG F 0.6%
SDGR C 0.51%
ATEC C 0.49%
ESTA D 0.48%
LFST B 0.46%
PGNY F 0.45%
ADPT C 0.36%
CTKB C 0.34%
EKG Underweight 28 Positions Relative to NEWZ
Symbol Grade Weight
TT A -4.23%
MSI B -3.81%
FTNT C -3.73%
SHOP B -3.7%
KKR A -3.59%
ANET C -3.5%
NTAP C -3.48%
BR A -3.44%
APH A -3.44%
TXRH B -3.39%
GRMN B -3.37%
CORT B -3.35%
PAYX B -3.35%
BOOT C -3.33%
COR B -3.33%
PCTY C -3.29%
ACN B -3.29%
CHKP C -3.28%
ERIE D -3.26%
CLH C -3.26%
UTHR C -3.19%
TSM B -3.15%
DGX A -3.14%
ORCL A -3.02%
JKHY D -3.01%
BRO B -2.88%
BMI B -2.69%
BAH F -2.48%
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